With risk also come losses. However, if something works for you and has worked repeatedly, then there’s no need to fix that which isn’t broken.

Forex as a Future?

The New Zealand regulator FMA issued a warning against multi-asset option broker Binary Selections for misleading potential clients that they are associated with the licensed entity Forex Ltd. while having nothing to do with them. Binary selections ...

Show me a scam broker

Even if such traders - and they are able to produce such results over a long period of time -do exist I doubt they’d announce it. People like to keep that sort of thing a secret.

Are there really traders with 100% Success Rate???

That sounds good in theory but most people can’t help but constantly oversee their positions.

How to better control our emotions?

It takes time, effort, often some amount of lost and/or invested in education money. You have to be really focused on your goal to succeed.

Is trading really that hard?

Generally, to be able to trade news well you have to have some decent understanding of fundamental analysis and economics in general. You need to understand how news affect the market and why they affect the market. And even with that understanding ...

Trading Rituals and Superstitions

I completely agree. One should find a strategy that works and then they should stick to it, rather than try to fix that which isn’t broken.

Is trading really that hard?

I dont think that having a mentor is absolutely necessary. There is a lot of good information out there to help a person teach themselves to trade. Of course, having a good mentor to help you is beneficial.

Is trading really that hard?

Three of the leading UK forex brokers – CMC Markets, IG Group, and Gain Capital’s City Index, are forming a contract for difference (CFD) providers association as a response to the recent announcement of the UK Financial Conduct Authority (FCA) that ...

FCA imposes bonus ban and leverage cap for CFDs

That is quite a lot. Aren’t you worried about spikes and whipsaws? Do you scalp?

How Much Do You Risk Per Trade?

That is the best approach. To reach the stage where you’re trading profitably you’d have to invest a lot of time and effort in your Forex education.

Is trading really that hard?

I agree. Forex trading is a marathon, not a sprint. Of course, some people manage to be exceptions to that rule, but it’s still not advisable to take that kind of risks.

How Much Do You Risk Per Trade?

In my experience 5% might even be a bit too much. One has to see a very good signal and be very sure about it to risk that much.

How Much Do You Risk Per Trade?

I am aware of that, and that is my problem. I am a huge fan of technical analysis, but I know that it’s not the Holy Grail. One can’t rely on technical analysis alone, because human beings are sometimes pretty irrational and EAs can’t compensate for ...

Is trading really that hard?

The market is always right. You must always be able and willing to adapt to it, never to expect it to adapt to you.

Trading Tips from Joe Ross

The German regulator BaFin is also considering tightening regulation on CFD trading. They intend to limit the marketing, distribution of and trading in financial contracts for difference (CFDs) as a measure to protect retail investors. Contracts ...

FCA imposes bonus ban and leverage cap for CFDs

If you wish to trade intraday I would recommend following all the time frames between 5-minutes and 4-hours.

Time Frames and Entry

I agree, it's better to first and foremost focus on not losing money, rather than profiting. Once you learn to cut your losses then profits will come trickling in.

What helped you the most to be profitable?

I agree, that's the best approach. In certain situation one can use up to 10% of their account, but I don't think these opportunities occur more than a few times a year.

How Much Do You Risk Per Trade?

I really admire people who are entirely self-taught. I had the help of someone close to me who offered to teach me, I am not sure I could've done it without them.

What helped you the most to be profitable?